FWG Holdings LLC Purchases 20,850 Shares of ProShares UltraPro QQQ $TQQQ

Key Points

• FWG Holdings LLC increased its stake in ProShares UltraPro QQQ by 409.9% in Q4, buying an additional 20,850 shares to hold 25,937 shares worth about $1.401 million.
• TQQQ is a triple‑leveraged ETF targeting 3x the daily performance of the NASDAQ‑100; it was trading near $65.30 with a 12‑month range of $27.54–$65.84 and a high beta (~3.53), indicating elevated volatility and risk.

FWG Holdings LLC lifted its position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 409.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,937 shares of the exchange traded fund's stock after acquiring an additional 20,850 shares during the quarter. FWG Holdings LLC's holdings in ProShares UltraPro QQQ were worth $1,401,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. WFA of San Diego LLC bought a new stake in shares of ProShares UltraPro QQQ during the second quarter worth $25,000. CoreCap Advisors LLC raised its position in shares of ProShares UltraPro QQQ by 69.8% during the fourth quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund's stock worth $31,000 after acquiring an additional 240 shares during the last quarter. BOKF NA bought a new stake in shares of ProShares UltraPro QQQ during the third quarter worth $31,000. Halbert Hargrove Global Advisors LLC raised its position in shares of ProShares UltraPro QQQ by 100.0% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 852 shares of the exchange traded fund's stock worth $45,000 after acquiring an additional 426 shares during the last quarter. Finally, Keystone Financial Group Inc. raised its position in shares of ProShares UltraPro QQQ by 100.2% during the fourth quarter. Keystone Financial Group Inc. now owns 1,103 shares of the exchange traded fund's stock worth $58,000 after acquiring an additional 552 shares during the last quarter.

ProShares UltraPro QQQ Price Performance

TQQQ stock opened at $65.30 on Monday. The company has a market cap of $32.41 billion, a P/E ratio of 38.25 and a beta of 3.53. ProShares UltraPro QQQ has a twelve month low of $27.54 and a twelve month high of $65.84. The business has a fifty day moving average of $49.87 and a 200-day moving average of $52.24.

About ProShares UltraPro QQQ

Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.

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